Heubach Colorants(I) Share Price

Color-Chem (CCL) was established in 1956 with the assistance of Hoechst and Bayer AG, in addition to three Indian business groups: the Ruias, the Khataus, and the Ghias. This assistance included both technical and financial assistance. After transferring a 50.1% equity investment in the firm that was owned by Hoechest AG Germany to EBITO Chemie Beteiligungen AG Switzerland, a subsidiary of Clariant International AG Switzerland, in October of 2000, EBITO went on to acquire a 20% stake in the company in 2005.

At this time, EBITO's equity investment in the firm amounts to 70.1%. Because of the merger that took place in 1997 between the Specialty Chemicals Division of Hoechst AG and Clariant AG, CCL is now a part of the Clariant company that operates across the world. Kundalika Investments Ltd. and Vanavil Dyes & Chemicals, located in Cuddalore, Tamil Nadu, are two of CCL's subsidiaries. Trading House Status is now bestowed to CCL since it is an industry-leading producer and merchant exporter of pigments, fine chemicals, and leather chemicals.

The following departments make up the Company's current organisational structure within its business: Both life science and electronic chemical research are included. Pigments and Additives, respectively Chemicals for Clothing, Leather, and Paper Goods Ethers and polymerises derived from cellulose Chemicals with a Functional Purpose During the fiscal year 2000-2001, the Reserve Bank of India gave its approval for Colour-Chem to sell their ownership of 24000 equity shares in Haycolour Limited Sri Lanka to M/s. Hayleys Textile Services Limited Sri Lanka at par value. These equity shares had a face value of Rs. 100/- apiece. In addition to this, it has launched several innovative new products in the leather chemicals and textile chemicals industries.

As part of the process of acquiring numerous new technologies, the firm has acquired the technology necessary to produce diketene. As a result, the company is a dominating player in these industrial areas.

One equity share of CCL was exchanged for one equity share of Clariant (India) Ltd., one equity share of CCL was exchanged for five equity shares of BTP India Pvt. Ltd., and one equity share of CCL was exchanged for five equity shares of Vanavil Dyes and Chemicals Ltd. In 2005, the company incorporated Clariant (India) Ltd., BTP India Pvt. Ltd., and Vanavil Dyes and Chemicals Ltd. By the Scheme of Amalgamation, Vanavil Dyes and Chemicals Ltd. and Clariant India Ltd. were merged into the firm in April 2006. The merger occurred in the proportions shown above.

The firm increased its installed capacity of synthetic resins, binder materials, and auxiliary components by 3,000 metric tonnes during the 2004-2005 fiscal year. Because of this expansion, the total installed capacity of synthetic resins, binder materials, and auxiliaries to 1,9150 metric tonnes. Do you want to know more about Clariant Chemicals India Shares? Click Here to know about Clariant Chemicals India Share Price for today.